BP’s U.S. headquarters are in Texas, and Houston is home to the company’s largest number of employees anywhere in the world. The company’s activities in the state include everything from oil and gas exploration and production, to research and innovation, to natural gas and power trading, to petrochemicals production and wind power generation. BP has operations and investments that reach nearly every part of the state, including the Panhandle, South Texas, East Texas and the plains of West Texas.
Houston also is home to the company’s Lower 48 onshore business (L48), which is wholly owned by BP but operates as a separate entity. The business employs about 1,200 people in five states.
In Texas, L48 spans more than 2 million acres and has three distinct production areas. It operates about 800 wells in the East Texas Basin, with an operations center in Hallsville. The basin produces from conventional oil and gas reservoirs, from shale, and from tight gas (which is found in extremely dense rock formations). L48 also operates 1,200 oil and gas wells in the Texas Panhandle, where it is expanding activity.
Elsewhere in the state, L48 is part owner in a joint venture operating in the South Texas Eagle Ford Shale, where there is a resource potential of 1.7 billion barrels of oil equivalent. Partnering with Lewis Energy, which is the joint venture operator, L48 provides subsurface expertise and has an interest in about 1,500 wells.
In addition, BP’s Texas City Chemicals plant is a leading producer of paraxylene and metaxylene, which help make everything from clothes and carpets to soda bottles and surfboards.
Meanwhile, BP has invested more than $1 billion in Texas wind power, and the company’s four wind farms in the state can generate enough electricity to power all the homes in a city the size of Arlington or Corpus Christi. Using advanced technology, teams centrally monitor all BP wind sites — 24 hours a day, seven days a week — while working with colleagues in the field to enhance performance, reliability and safety.
BP’s Houston Monitoring Center provides round-the-clock support for deepwater well operations in the Gulf of Mexico, ensuring that offshore personnel receive 24/7 assistance from onshore experts — and extra sets of eyes on the company’s wells. Specialists in the Monitoring Center are in constant communication with rig teams to help analyze real-time data, focusing on pumps, pits, flow pressures and rates.
BP has other high-tech facilities in Houston, including the Center for High-Performance Computing (CHPC), which has the computer memory of 170,000 Apple MacBook laptops. Home to one of the world’s largest supercomputers, the CHPC processes geophysical data collected from seismic surveys around the globe.
BP’s Houston campus also is home to the company’s U.S. natural gas and power trading business, which is the No. 1 marketer of natural gas in North America.
BP supports a wide range of institutions and initiatives that strengthen communities in Texas. For example, BP is the title sponsor of the BP MS 150 bike ride, the Multiple Sclerosis (MS) Society’s biggest annual fundraising event. Since partnering with the MS Society in 2001, BP and Team BP riders have contributed about $17 million to MS research and programs. A longtime supporter of the United Way (UW), BP has raised more than $6 million for local UW organizations in Texas over the past five years.
* Vendor figures for the year ended December 31, 2015. BP jobs figures as of June 30, 2016. Community spend includes BP Foundation.